Why legacy systems and not fintechs pose a bigger risk to banks

In an authored article for Express Computers, Mr. Ravi Pratap Singh, Executive Director and President – Products, Nucleus Software explains that-It is easy to understand the proliferation of these fintech players. Customers today are demanding; they are tech-savvy, thanks to the explosion in device usage as well as near ubiquitous access to the Internet. The internet and mobile have changed the way people interact with each other, travel, shop and eat. And now customers are looking for the same experience when they carry out their financial transactions as well. Many banks are struggling to deliver what their customers want.